Hartford Financial (HIG) Announces $1.5 Billion Buyback Authorization

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The Hartford Announces $1.5 Billion Share Repurchase Authorization

December 17, 2020 4:15 PM EST

HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartfords (NYSE: HIG) Board of Directors authorized a $1.5 billion share repurchase program, effective from Jan. 1, 2021, through Dec. 31, 2022. The company expects to commence this program after it reports fourth quarter earnings.

The authorization permits purchases of common stock as well as any other securities convertible... More